Ayurvedic Products Market Introduction and Overview
According to SPER Market Research, the Global Ayurvedic Products Market is estimated to reach USD 35.78 billion by 2033 with a CAGR of 12.51%.
The report includes an in-depth analysis of the Global Ayurvedic Products Market, including market size and trends, product mix, applications, and supplier analysis. The ancient, holistic field of medicine known as Ayurveda has its roots in India. The programme uses food, exercise, and other lifestyle adjustments to support emotional, physical, and spiritual well-being. The foundation of Ayurveda is the idea that mental, physical, spiritual, and environmental balances are all important for overall health and well-being. Promoting health and preventing illness rather than treating it is the primary objective of ayurvedic medicine. However, therapies might be tailored to address certain medical issues.
- February 2022; the research team at Zeon Lifesciences has developed a range of ayurvedic formulations for the multimodal prevention and treatment of cancer.
- May 2020; Dabur India Limited released the "Dabur Kovi Rakshak Kit" that help patients recover from chronic respiratory infections more quickly.
Market Opportunities and Challenges
The increasing demand for natural and organic medications, as well as consumer awareness of their advantages, is one of the main drivers driving the market for ayurvedic products. Rising health concerns and knowledge of the harmful effects of western medications are further factors that are driving public desire for ayurvedic products.
For the industry participants, it has become increasingly difficult to adequately promote the use of ayurvedic products and raise consumer awareness of them. However, the top brands may benefit in the future from attractive chances presented by the ongoing advancements in technology, the practical advancements in ayurvedic medicines, and the unrealized growth potential in developing countries.
Market Competitive Landscape
It has been more challenging for industry players to effectively encourage the use of ayurvedic products and increase consumer knowledge of them. On the other hand, the leading brands could profit in the future from opportunities brought about by the continuous technological breakthroughs, the useful developments in ayurvedic medications, and the untapped growth potential in developing nations. The major players in the Global Ayurvedic Products Market include: Basic Ayurveda, Dabur India Ltd., Emami limited, Herbal Hills, Leverayush, Natreon Inc, Patanjali Ayurved Limited, Planet Ayurveda, The Himalaya Drug Company, Vicco Laboratories and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Products, By Distribution Channel, By Speciality Attribute
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Basic Ayurveda, Dabur India Ltd., Emami limited, Herbal Hills, Leverayush, Natreon Inc, Patanjali Ayurved Limited, Planet Ayurveda, The Himalaya Drug Company, Vicco Laboratories and others
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COVID-19 Impact on Global Ayurvedic Products Market
Data and research indicate that after the COVID-19 pandemic, demand for a range of ayurvedic products has increased. The lack of a reliable and efficient allopathic treatment for the virus has increased demand for natural treatments with claims to strengthen immunity. Ayurveda is one sector in particular that has been growing quickly. The post-pandemic period has witnessed a significant shift in consumers' purchasing patterns, leading to a rapid increase in the market demand for beauty and health items. The economic downturn and worries brought about by the epidemic have made customers increasingly interested in living a more natural and holistic lifestyle.
Key Target Audience
- Health-conscious individuals
- Holistic health enthusiasts
- Yoga practitioners
- Stress and anxiety sufferers
- Natural and organic product consumers
- Alternative medicine supporters
- Ethnic and cultural communities
- Fitness enthusiasts
Our in-depth analysis of the Ayurvedic Products Market includes the following segments:
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By Products:
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Drugs
Hair Care Products
Health Care Products
Oral Care Products
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By Distribution Channel:
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Beauty Spa/Salon
Departmental Stores
Pharmacies
Supermarkets
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By Speciality Attribute:
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Gmo-Free
Organic
Vegan
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By Region:
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Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
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Key Topics Covered in the Report
- Global Ayurvedic Products Market Size (FY’2023-FY’2033)
- Overview of Global Ayurvedic Products Market
- Segmentation of Global Ayurvedic Products Market By Products (Drugs, Hair Care Products, Health Care Products, Oral Care Products)
- Segmentation of Global Ayurvedic Products Market By Distribution Channel (Beauty Spa/Salon, Departmental Stores, Pharmacies, Supermarkets)
- Segmentation of Global Ayurvedic Products Market By Speciality Attribute (GMO-Free, Organic, Vegan)
- Statistical Snap of Global Ayurvedic Products Market
- Expansion Analysis of Global Ayurvedic Products Market
- Problems and Obstacles in Global Ayurvedic Products Market
- Competitive Landscape in the Global Ayurvedic Products Market
- Impact of COVID-19 and Demonetization on Global Ayurvedic Products Market
- Details on Current Investment in Global Ayurvedic Products Market
- Competitive Analysis of Global Ayurvedic Products Market
- Prominent Players in the Global Ayurvedic Products Market
- SWOT Analysis of Global Ayurvedic Products Market
- Global Ayurvedic Products Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Ayurvedic Products Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Ayurvedic Products Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Ayurvedic Products Market
7. Global Ayurvedic Products Market, By Products (USD Million)
7.1. Global Ayurvedic Products Market Value Share and Forecast, By Products, 2023-2033
7.2. Drugs
7.3. Hair Care Products
7.4. Health Care Products
7.5. Oral Care Products
8. Global Ayurvedic Products Market, By Distribution Channel (USD Million)
8.1. Global Ayurvedic Products Market Value Share and Forecast, By Distribution Channel, 2023-2033
8.2. Beauty Spa/Salon
8.3. Departmental Stores
8.4. Pharmacies
8.5. Supermarkets
9. Global Ayurvedic Products Market, By Speciality Attribute (USD Million)
9.1. Global Ayurvedic Products Market Value Share and Forecast, By Speciality Attribute, 2023-2033
9.2. Gmo-Free
9.3. Organic
9.4. Vegan
10. Global Ayurvedic Products Market Forecast, 2019-2033 (USD Million)
10.1. Global Ayurvedic Products Market Size and Market Share
11. Global Ayurvedic Products Market, By Products 2019-2033 (USD Million)
11.1. Global Ayurvedic Products Market Size and Market Share By Products (2019-2026)
11.2. Global Ayurvedic Products Market Size and Market Share By Products (2027-2033)
12. Global Ayurvedic Products Market, By Distribution Channel, 2019-2033 (USD Million)
12.1. Global Ayurvedic Products Market Size and Market Share By Distribution Channel (2019-2026)
12.2. Global Ayurvedic Products Market Size and Market Share By Distribution Channel (2027-2033)
13. Global Ayurvedic Products Market, By Speciality Attribute, 2019-2033 (USD Million)
13.1. Global Ayurvedic Products Market Size and Market Share By Speciality Attribute (2019-2026)
13.2. Global Ayurvedic Products Market Size and Market Share By Speciality Attribute (2027-2033)
14. Global Ayurvedic Products Market, By Region, 2019-2033 (USD Million)
14.1. Global Ayurvedic Products Market Size and Market Share By Region (2019-2026)
14.2. Global Ayurvedic Products Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Basic Ayurveda
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Dabur India Ltd.
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Emami limited
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Herbal Hills
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Leverayush
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Natreon Inc
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Patanjali Ayurved Limited
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Planet Ayurveda
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. The Himalaya Drug Company
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Vicco Laboratories
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope